Gold Spot Bulls Can Show The Presence
Updated
Hello Friends,
On my last analysis it was suggested 2048 - 2050 can bring bears on charts till 1980 - 1970. Today we have witnessed 1970 now this is a support, an important support infect.
So those who are shorts should look to book gains or at least adopt risk management. For details of That analysis please go though my previous research on GOLD.
I believe short covering base pull back from here can be seen till 1981 - 1986.
Closing US session above 1986 would shift control to ST to bulls.
For MT to LT please review my previous details research.
Happy Trading.
On my last analysis it was suggested 2048 - 2050 can bring bears on charts till 1980 - 1970. Today we have witnessed 1970 now this is a support, an important support infect.
So those who are shorts should look to book gains or at least adopt risk management. For details of That analysis please go though my previous research on GOLD.
I believe short covering base pull back from here can be seen till 1981 - 1986.
Closing US session above 1986 would shift control to ST to bulls.
For MT to LT please review my previous details research.
Happy Trading.
Trade closed: target reached
Good gains made according to the analysis published, bounce exactly from 1970 to 1995 - 1997. Those who availed the buy advise should look to book gains for manage risk at 1986 as below this it can retest 1981 - 1970 once again.
Don't forget to appreciate.
Good luck
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